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(SOLD) $330,000

1207 E Spring Street New Albany, IN  47150

  • 5 Beds
  • 2 Baths
  • 2,894 sq. Ft

Property Description for 1207 E Spring Street New Albany, IN 47150

Completely renovated home, currently functioning as a multi-unit/duplex income generating property. Situated in the heart of downtown New Albany, enjoy trendy dining, shopping, and entertainment within just a short walk. Although both units are completely updated for maximum rental income and ready for new tenants, this home could easily be converted back to a single family residence. Single family home buyer's make sure to check this one at as well! 1st level features gorgeous custom triple window in living room, two bedrooms, completely renovated kitchen, and full bathroom boasting large walk-in tiled shower. 2nd level provides three bedrooms, full bathroom, eat-in kitchen/open living room concept. Both kitchens offer stainless appliances. Oversized laundry room is located in first level common area for multi-unit utilization. Raised ceilings, oversized replacement windows, solid surface flooring, fresh paint, upgraded lighting, and new kitchen cabinets boasting quartz countertops just scratch the surface. Plumbing and electrical have been completely updated throughout home, and unfinished basement has been fully waterproofed. Basement provides perfect area for tenants extra storage. Detached, rear-entry garage gives 14ft of clearance for vehicle storage, or could become a third income generator to rent separately. Wonderful opportunity for investment in high growth area seeing exponential value increase! Call for unique financing options perfect for this property.

Address:1207 E Spring Street New Albany IN 47150
Status:Sold
Sold On: 7/19/2024
Price:$330,000
Bedrooms:5 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,894
Year Built:1874
Lot Size:0.20
County: Floyd
Township: New Albany
MLS #:202408873
Property Type:Duplex

Lot Dimensions:8494.2
Zoning:Residential
Water Source:Connected, Public
Directions:I-64 to Exit 123. Take Spring east to 1207 E. Spring.
Upper Level Sq. Ft. :2,894
Total Sq. Ft. :2,894
Sq. Ft. Source:Appraiser
Basement:Yes

Loan Price
$2,042
Price And Interest $1,721/month
Property Tax $183/month
MTG INS $0/month
HOME INS $138/month
Price
$330,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$183/month
Home Owner Insurance
$1,656 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,099
Mandatory HOA Fee:$

Zip Code:47150

Total Sq. Ft.:2,894
Interior Features:CeramicBath, CeilingFans, EatinKitchen, MudRoom, SecondKitchen, UtilityRoom
Appliances:Dishwasher, Microwave, Oven, Range, Refrigerator
Porch / Patio:Covered, Porch
Exterior Features:Landscaping, Porch
Cool:CentralAir
Heat:ForcedAir
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Heather Robinson with Green Tree Real Estate Services

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





New Albany Market Report

278
Avg. DOM
$157.14
Avg. $ / Sq.Ft.
$ 254,900
Med. List Price

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